Overview
RxSight Q2 2025 revenue falls 4% to $33.6 mln, LDD sales drop 50%
Net loss widens to $11.8 mln from $6.1 mln in Q2 2024
Gross profit rises due to favorable product mix shift, operating expenses up 20%
Outlook
Company reiterates 2025 revenue guidance of $120 mln to $130 mln
RxSight expects 2025 gross margin between 72% and 74%
Operating expenses for 2025 projected at $145 mln to $155 mln
Non-cash stock-based compensation expected at $27 mln to $30 mln
Result Drivers
LAL SALES - 13% increase in Light Adjustable Lens sales contributed to higher gross profit margin
LDD SALES DECLINE - 50% decrease in Light Delivery Device sales impacted overall revenue
FDA APPROVAL - Expansion of LAL dioptric power range and new software updates received FDA approval
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Gross Profit | $25.20 mln | ||
Q2 Operating Expenses | $39.20 mln |
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 8 "hold" and 2 "sell" or "strong sell"
The average consensus recommendation for the medical equipment, supplies & distribution peer group is "buy."
Wall Street's median 12-month price target for Rxsight Inc is $9.00, about 16.1% above its August 6 closing price of $7.55
Press Release: ID:nGNX9BnXqC
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)